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Indian Phosphate Limited IPO Allotment Status, Subscription, and IPO Details

Indian Phosphate Limited IPO allotment is set for August 30, 2024, with shares priced at ₹94 to ₹99 per share. The offering allows bidding for lots of 1200 shares or multiples thereof.
Indian Phosphate Limited IPO Allotment Status, Subscription, and IPO Details

Indian Phosphate Limited IPO Allotment Status 

The allotment date for the Indian Phosphate Limited IPO is set for August 30, 2024, with shares priced at a range of ₹94 to ₹99 per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

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Indian Phosphate Limited IPO Allotment Status Check 

To ascertain their allocation status for the Indian Phosphate Limited IPO, investors can easily navigate through steps provided on either the BSE platform or the IPO registrar Bigshare Services Pvt Ltd website.

IPO Allotment Status BSE 

Here are steps to check Indian Phosphate Limited IPO allotment status on BSE website

Step 1: Visit BSE website 

Step 2: Select ‘Equity’ under the Issue Type

Step 3: Choose Indian Phosphate Ltd from the drop-down menu

Step 4: Enter Application No or PAN

Step 5: Click on ‘I am not a Robot’ and then hit on ‘Submit”

Steps to check Indian Phosphate Limited allotment status on Bigshare Services Pvt Ltd

Step 1: Visit IPO registrar website – Bigshare Services Pvt Ltd

Step 2: Select ‘Indian Phosphate Limited’ from the Select Company dropdown menu

Step 3: Choose from PAN, Application No, DP/Client ID, or Account No/IFSC

Step 4: Enter the details as per the option selected

Step 5: Hit the Submit button

Your Indian Phosphate Limited IPO allotment status will be reflected on the screen.

Indian Phosphate Limited IPO GMP Today

Indian Phosphate Limited IPO GMP (Grey Market Premium) is ₹135 as of August 29, 2024.

Indian Phosphate Limited IPO Subscription Status 

Indian Phosphate IPO witnessed substantial demand on Day 3, achieving a 75.02x subscription rate. This enthusiastic response underscores significant investor interest and reflects confidence in the company’s future growth. 

Indian Phosphate Limited IPO Details

The Indian Phosphate IPO, totaling Rs 67.36 crores for 68.04 lakh shares, is open from August 26 to 29, 2024. Priced between ₹94 and ₹99, it will be listed on NSE SME on September 3, 2024. Beeline Capital manages the IPO, Bigshare Services is the registrar, and Spread X Securities is the market maker. The minimum retail investment is ₹118,800.

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